Australian Dollar Hits Fresh Decade Highs as Cement Maker Gets Sold for $14 Billion
Tuesday, 10 April 2007 21:21:16 GMT
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Kathy Lien, Chief Strategist
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- Tuesday, 13 October 2009 01:21:45 GMT Australian Business Confidence Fell For First in Five Months, Says NAB
- Friday, 09 October 2009 23:10:05 GMT Australian Dollar May Simply Consolidate After RBA-Induced Rally
- Thursday, 08 October 2009 23:33:09 GMT Australian Dollar Sees another Dramatic Stretch to New Highs on Employment
- Thursday, 08 October 2009 00:29:27 GMT Australian Dollar Soars as Economy Unexpectedly Gains 40k Jobs, Unemployment Rate Falls
- Wednesday, 07 October 2009 21:16:33 GMT Australian Dollar Loses Some Steam Ahead of Employment Report
- Tuesday, 06 October 2009 18:44:08 GMT Australian Dollar US Dollar Exchange Rate Forecast
- Tuesday, 06 October 2009 02:59:35 GMT Australian Dollar Surges as RBA Unexpectedly Raises Interest Rates
- Monday, 05 October 2009 19:21:01 GMT Australian Dollar Gaining Steam Ahead of Tuesday's RBA Rate Decision
- Friday, 02 October 2009 23:38:47 GMT Australian Dollar Rally May Finally Be Losing Steam
- Friday, 02 October 2009 01:00:02 GMT Australian Inflation Slowest in Six Years, Says TD Securities
- Saturday, 26 September 2009 02:19:52 GMT Australian Dollar to Track Risk as Markets Digest G20 Outcome
- Friday, 25 September 2009 00:14:51 GMT Australian Dollar Traders More Concerned Over Risk Trends than Confirmations of Financial Stability
- Thursday, 24 September 2009 01:13:22 GMT Australia's New Home Sales Matched Record Gain in August, Says HIA
- Friday, 18 September 2009 23:52:45 GMT Australian Dollar Remains Supported By Interest Rate Expectations
- Thursday, 17 September 2009 23:59:24 GMT Commodity Bloc Data Ticks Higher Yet Aussie, Kiwi and Canadian Dollars Struggle
- Wednesday, 16 September 2009 01:47:20 GMT Australia Won't Raise Interest Rates Until Next Year, Says Westpac
- Friday, 11 September 2009 21:25:03 GMT Australian Dollar Strength May be Tested by Reserve Bank Rhetoric
- Thursday, 10 September 2009 02:13:48 GMT Australian Jobs Report Disappoints, Weighs on RBA Rate Hike Expectations
- Wednesday, 09 September 2009 03:36:11 GMT Australia's Economic Recovery May Flounder on Rising Interest Rates
The commodity currencies screamed higher as the
Australian and New Zealand dollars registered the day’s most meaningful
gains. The AUD/USD hit a fresh 10 high while the NZD/USD hit a new 1 year
high. Not only did Australia’s Rinker Group agreed to be taken over by
Mexico’s CEMEX, but we also saw a solid increase in job advertisements along
with a stable construction sector PMI. This suggests that we could see
particularly strong job growth on Thursday.
New Zealand on the other hand simply benefited from
Aussie strength as their economic data surprises to the downside. The
NZIER business opinion survey dropped from +3 to -15 in the first quarter.
Meanwhile USD/CAD could not escape the broad dollar bearishness as the currency
slipped to a fresh year to date low.
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